$IP — Bearish Momentum vs Whale Accumulation: Who Wins?
$IP is sitting at $3.79 and the trend is still clearly bearish. Price is below the 10-day EMA ($4.65) and derivatives are signaling heavy downside pressure.
Key points 👇
RSI ~30 = oversold zone → bounce possible, but not confirmed.
Funding negative + Long/Short = 0.75 → shorts dominating.
OI dropping → capital leaving the market, not positioning for reversal.
But… whale outflows from exchanges hint accumulation on dips.
So we have a divergence:
Charts + futures = bearish
Deep liquidity flow = quietly bullish
Conclusion → any upside move likely short-covering + temporary unless price reclaims $4.10.
For alpha like this I use @EdgenTech + I track whales through @0xppl_.
$ETH @EdgenTech $IP
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